The US Unemployment Rate remained almost unchanged at 4.1% during September 2024 according to data released by the US Bureau of Labor Statistics. The factors driving the monthly change were largely the […]
The balance of risks of the Federal Reserve dual mandate remains on the price stabilization side (mostly from wage inflation). July’s uptick in the Unemployment Rate, along with the Unemployment Insurance Claims […]
This week marks the third release of Unemployment Insurance New Claims since the unemployment rate rang the bells on what looked like a weakening labor market in July, thereby raising expectations for […]
Considering recent data on Unemployment Insurance Claims where new issues are both not outstanding, and within the trend (227,000), as well as employment payroll lackluster additions (114,000), what labor analysts observe is […]
Recent uptick in the Unemployment Rate may be a spillover of the so-called “Great Resignation”. The main effect of the phenomenon has been a tight Labor Market where employers struggled to find […]
County Unemployment Rate Worcester County 3.4 Allegany County 2.9 Baltimore city 3 Cecil County 2.3 Baltimore County 2.3 Carroll County 1.7 Calvert County 1.9 Dorchester County 2.4 Anne Arundel County 1.9 Frederick […]
The latest qualitative data, the Beige Book, shows flat to modest growth in economic activity across most of the US economy. The Cleveland and Minneapolis Federal Reserve Bank Districts informed of softening […]
Federal Reserve Officials’ concerns about the overheated labor market may be over. The focus now is on prices. Recent data on inflation suggests that the monetary policy effect on shelter prices is […]
The stock market seems to be returning to the old normal of higher levels of volatility. I suggested on Tuesday that former Fed Chairman Alan Greenspan’s comments could have brought back volatility by triggering […]
The US Holiday Season started with high anxiety for the Retail Industry as online retailers registered high volume of sales on Black Friday 2017. Pre-holiday season reports signaled not much change in […]
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